Active Listing  ·  21 days on market

204 E Fowler Ave

Killeen, TX 76541
$129,995
3 Bed 1 Bath 960 sqft $135/sqft Built 1958 0.17 acres Pool South Park Add Rev

Welcome to 204 E Fowler Ave! This inviting 3-bedroom, 1-bath home offers 960 square feet of comfortable living space and has been refreshed with a bright, modern feel. The updated kitchen features crisp white cabinetry, stainless steel appliances, granite countertops, and a stylish backsplash. This home has a been freshly painted throughout the entire interior along with new vinyl flooring installed that flows throughout the entire home. The spacious backyard provides plenty of room to enjoy the outdoors, with mature trees offering shade and a covered patio/porch area that is perfect for relaxing or entertaining. While a two-car carport adds convenient covered parking. Located in Killeen with convenient access to shopping, restaurants, parks, and everyday amenities, this home is ideally suited for a first-time buyer or investor looking for an affordable property in a high-demand area. Nearby dining and shopping options are just minutes away, while Killeen's parks and recreation facilities provide plenty of opportunities for outdoor enjoyment. Don't miss out on this charming Killeen home, schedule your showing today!

At $135/sqft, this home is 22% below the Killeen active market average of $172/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

204 E Fowler Ave, Killeen, TX 76541

Property Details

Price $129,995
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 960 sqft
Lot Size 0.17 acres (7,596.86 sqft)
Year Built 1958
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision South Park Add Rev
County Bell
Zip Code 76541
$/sqft $135/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $2,510.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246583487
List Date September 11, 2026
Elementary School Clifton Park
Middle School Manor (Killeen ISD)
High School Killeen
School District ,

Luke Allen (TREC #788149) has deep knowledge of Killeen and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Killeen

Comparable Listings Right Now

Homes currently for sale in Killeen with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
404 Goodnight Dr
Hillcrest
$139,900 $126 3 bd / 1 ba 1,109 sqft , 2026-06-25
1508 Bowie Ct
Killeen Heights South Unit 2nd
$150,000 $158 3 bd / 2 ba 952 sqft , 2026-08-17
1008 Stephen St
South Gate
$159,500 $125 3 bd / 2 ba 1,272 sqft , 2026-08-29

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$624/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$25,999
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$624
Principal + Interest−$709
Property Tax (~2.1% TX avg)−$227
Insurance (~0.5%)−$54
Est. Monthly Cash Flow $-366

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Killeen, TX

Killeen sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 1, 2026.

📞 (254) 718-2567 [email protected] More about Luke →